Governance

Fed emails point to BoA pressure on Merrill deal

Emails sent by Federal Reserve officials and subpoenaed by government investigators appear to back claims that Ben Bernanke pressurised Bank of America to go ahead with its takeover of investment bank Merrill Lynch after the bank attempted to back out of…

Fed to hire ex-Enron lobbyist?

The Federal Reserve is set to hire a former Enron lobbyist to defend itself against Congressional charges of opacity, it was reported on Friday.

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